50p tax rate

Many of the measures set out in the Budget for 2012 will probably help the economy move forward but there is a very nasty smell about. It’s the property industry that will suffer most. The raising of Stamp Duty from 5 – 7% for properties over £2 million is a mansion tax in another guise. […]

Ask if someone who either earns a lot of money or has accumulated considerable wealth should be taxed more, often the answer will be yes. I agree with the general principle of taxation. I also agree with a tax system that asks our wealthier people to pay more. As part of a society where […]